Interesting, thanks Steve.
My weekend was nice, thank you. Actually I was suppose to till the back yard, where we are planting a lawn, but lucked out and they accidently gave our machine to someone else...whew...it would have been a hot one....I've really only postponed it...
We went out to eat tonight cause it was too hot to cook. Now if I can just do a few more things without falling to sleep.
I had seen Zeev's first post, but not the second. While Zeev is correct in the big picture, and he does an excellent job laying it out. Within the details of that big picture even the 1966 to 1982 period produced tradable rallies for a significant periods of time. And there were sectors that outperformed others. I suspect he probably mentions that too <g.
That could be just what we are looking at for years to come, one difference might be there will likely always be more funds putting money to work in stocks than there was prior to 82 as most pension funds will still collect as long as we return to stocks beating bonds.
Sam
